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BASIC TAX ASSIGNMENT
Exclusive | Is the India story over for FIIs? BofA says investors don't want to miss what's nextIndia's global equity market capitalization ranking has dropped to seventh as foreign investors shift focus to AI opportunities in Taiwan a...- Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
- Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
- When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
- Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
- Financial support of Rs 4,374 crore to local bodies in Delhi budget"This includes Rs 2,305 crore as tied fund for implementation of schemes/ programmes/ projects by local bodies and Rs 2,069 crore as Basic ...
- No explicit compensation scheme to protect mutual fund investors in India: ReportAccording to Morningstar biannual Global Investor Experience report on regulation and taxes, India received an "average" grade and the coun...
- Deloitte to hire law firm to review fudging chargesThe law firm, when finalised, will look into the allegations made by the whistleblower through a media portal — Moneylife — on Wednesday.
- Now a unique ID for properties in BengaluruCivic body to provide unique seven-digit alphanumeric identity for city’s 2-million properties in about two weeks.
- 14th Finance Commission: Panchayats get Rs 2 lakh crore giftThe 14th Finance Commission has asked for assigning over Rs 2 lakh crore between 2015 and 2020 to Panchayats to provide basic services.
- Process to roll out Direct Tax Code on: Parthasarathi ShomeOn the Goods and Service Tax, he said a lot of discussions took place with various industry and finally, a draft Constitution Amendment Bil...
- Income tax returns: As deadline approaches, users face problems in online filingWith the last date for filing income tax returns fast approaching on Monday, the I-T department as well as assessees are facing problems wi...
- A job abroad needn't keep you out of tax netThe most important point is that the individual should try to plan his/her journey in such a way that he/she becomes a non-resident in Indi...
- Check tax liability before getting excited over overseas deputationOverseas deputation holds fascination for many but comes with tax implications in both countries at the time of exit & return.
- Belgian offsites set to be hassle-free, but not totallyEmployees of Infy, Wipro and a host of IT cos that have a base in Belgium will no longer need to contribute to the social security scheme. ...
- Separate EPF kitty for expats in the pipelineExpats from US, Netherlands and Sweden, with which India has not signed a social service agreement, could opt out of EPF. Cashing in on you...
- Tax implications of an overseas assignment in the year of departureIf an overseas assignment is not planned keeping tax implications in mind, there could be additional tax burden & painful compliances. Spec...
- Exemptions to wipe out half of gross tax mop-upThe government stands to lose half its gross tax collections on account of various exemptions.
- Exemptions biggest drag on tax kittyThe government stands to lose half of its gross tax collections on account of various exemptions.
- Customs-made exemptions biggest drag on tax kittyThe government stands to lose half of its gross tax collections on account of various exemptions. This explains the emphasis on phasing out...
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